The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement a refund scheme amounting to P19.95 billion, covering an over-recovery of rates from 1 July 2022, to 31 December 2024. The scheme will be executed over 36 months, with refunds starting in the next billing cycle.
Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.
The Manila Electric Co. (Meralco) has renewed its emergency power supply agreement (EPSA) with Aboitiz Power’s GNPower Dinginin Ltd. for the supply of 300...
Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
The Manila Electric Company (Meralco) has earned the distinction as the only distribution utility in the country cited by the Professional Regulation Commission (PRC) as fully compliant with the law on electrical engineering.
The Department of Trade and Industry is set to unveil sharply reduced export targets for 2025—and for the remaining years of the Philippine Export Development Plan (PEDP) 2023–2028—at a December 4 launch expected to formally reset the country’s export trajectory.
Top Line Business Development Corp. (TOP) is gearing up for a major capital push after shareholders approved the reclassification of 800 million unissued common shares into preferred shares and authorized the board to undertake fundraising initiatives ranging from private placements to follow-on offerings and debt issuances. The approval was granted by stockholders during their special meeting held Tuesday, Decemmber 2.
A global push for “resilience-first” supply chains is reshaping trade and investment, according to speakers at the 2025 World Trade Centers Association (WTCA) member forum.
Alliance Global Group Inc. (AGI), the listed investment holding firm of tycoon Andrew Tan, said that affiliate California Orchard Growers Investment Inc. has sold its entire block of 120 million AGI shares to The Andersons Group Inc., the company’s principal shareholder.